For the following ordinary annuity, determine the size of the periodic payment. Present Future Value Value Payment Period Conversion Period Term of Annuity Interest Rate 14 years $6,200.00 3 months...


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For the following ordinary annuity, determine the size of the periodic payment.<br>Present<br>Future Value Value<br>Payment<br>Period<br>Conversion<br>Period<br>Term of Annuity Interest Rate<br>14 years<br>$6,200.00<br>3 months<br>8.5%<br>quarterly<br>.....<br>The periodic payment is S<br>(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)<br>

Extracted text: For the following ordinary annuity, determine the size of the periodic payment. Present Future Value Value Payment Period Conversion Period Term of Annuity Interest Rate 14 years $6,200.00 3 months 8.5% quarterly ..... The periodic payment is S (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Jun 06, 2022
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